Index Licensing Operations Associate

About this role

We are looking for an ambitious and motivated individual to be part of our Index Licensing Operations (ILO) team. This team member will be aligned to specific index vendors to develop a deep understanding of their specific reporting requirements and fee structures and will be the operational face to the vendor. They will assist with evolving ILO processes and tools that drive index usage reporting and invoicing each quarter. They will also help with key initiatives to drive technology, streamline processes, and enhance quality control measures.

Key Responsibilities:

• Partner with remote Index Licensing Operations production team to ensure timely and accurate delivery of quarterly reports and invoice payments, and act as point of escalation when needed
• Be a subject matter expert for assigned vendors and the point of contact for reporting sign-off, questions, and contract implementation
• Understand material changes to BlackRock’s vendor relationships and proactively update report and fee calculation processes accordingly
• Review new and existing index licensing contracts and understand fee structures and reporting requirements
• Support the technology platform initiatives by assisting with operational process optimization projects and quality control designs
• Develop a keen understanding of factors that impact index licensing and apply that knowledge to identify ways to enhance and streamline processes
• Expand and evolve reporting capabilities to achieve reporting due dates and changing requirements
• Build relationships with index providers and BlackRock teams globally to deepen external and internal partnerships
• Collaborate with and influence internal teams to complete strategic projects designed to improve the platform
• Research and resolve inquiries from internal partners and vendors and actively follow up to ensure timely resolution

Knowledge/Experience:

• Bachelor’s or Master’s degree in business, math, or a related field
• 3+ years of related experience in the Financial Services industry, including an understanding of portfolio and index data analysis; knowledge of the passive investing business (including ETFs) preferred
• Advanced Excel knowledge is required
• Strong problem-solving and analytical skills are a must
• Excellent communication skills (oral and written), comfortable interacting with and influencing a broad range of audiences
• Proven ability to quickly learn proprietary systems (BlackRock’s own and third-party platforms); knowledge of the Aladdin platform and ability to source data efficiently is preferred
• Bold and proactive with a willingness to stretch outside comfort zone
• Self-starter, able to prioritize and deliver multiple assignments while maintaining high quality and consistent results
• Standout colleague who enjoys working on a collaborative, inclusive and diverse team that is passionate about delivering on performance objectives
• Proven record of alignment with BlackRock's principles

For Princeton, NJ Only the salary range for this position is USD$95,000.00 - USD$127,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.